Artificial Intelligence

Decart: $300 Million Raised At Nearly $4 Billion Valuation Raised To Make Switching AI Chips Easier

By Amit Chowdhry ● May 19, 2026

Decart, a frontier AI research lab focused on real-time video and world models, announced a $300 million funding round led by Radical Ventures as the company expands its infrastructure platform for low-latency AI systems. New investors in the round included NVIDIA, Adobe Ventures, Toyota Ventures, eBay Ventures, Atreides Management, and Valor Equity Partners. Existing backers Sequoia Capital, Benchmark, and Zeev Ventures also participated. Individual investors included Andrej Karpathy, Michael Eisner, the Nintendo family, and gaming investor Moritz Baier-Lentz. This funding round was raised at nearly a $4 billion valuation.

Cursor: Composer 2.5 Upgrade Improves AI Coding Performance And Long-Running Task Execution

By Amit Chowdhry ● May 19, 2026

Composer 2.5 is now available in Cursor, introducing substantial improvements in intelligence, usability, and collaboration capabilities over Composer 2. Built on the same open-source checkpoint as Moonshot’s Kimi K2.5, the updated model is designed to handle sustained work on long-running tasks, follow complex instructions more reliably, and deliver a more polished collaborative experience.

Nvidia CEO Jensen Huang’s Foundation: $108.3 Million Donated In CoreWeave AI Computing Resources For Research

By Amit Chowdhry ● May 19, 2026

The foundation established by Nvidia CEO Jensen Huang and his wife, Lori Huang, has purchased approximately $108.3 million worth of AI computing resources from CoreWeave and donated the computing capacity to universities and nonprofit research institutions focused on advancing artificial intelligence and scientific discovery.

PolyAI: Agentic Dialog Platform Opened To All Builders

By Amit Chowdhry ● May 19, 2026

PolyAI announced it is opening its Agentic Dialog Platform to all builders, giving developers and enterprise teams access to the same conversational AI infrastructure used by hundreds of global enterprises. The company said the platform will be free for the first two months and enables teams to build production-ready dialog agents in under ten minutes.

Anthropic Acquires Stainless To Expand Agent Connectivity

By Amit Chowdhry ● May 18, 2026

Anthropic announced it has acquired Stainless, a company specializing in SDKs and MCP server tooling designed to help developers and AI agents connect with APIs and external systems.

OpenAI And Dell Technologies Announce Codex Partnership To Bring AI Agents To Hybrid And On-Premises Enterprise Environments

By Amit Chowdhry ● May 18, 2026

OpenAI and Dell Technologies announced a partnership focused on bringing Codex to hybrid and on-premises enterprise environments, enabling organizations to deploy AI agents closer to their internal data, systems, and workflows.

Tomorrow.io: $210 Million Series F Expanded With Additional Investment From Pitango And Harel Insurance

By Amit Chowdhry ● May 18, 2026

Tomorrow.io, an AI weather intelligence and resilience platform company, announced an additional $35 million investment from existing partner Pitango and Harel Insurance, alongside Stonecourt Capital and HarbourVest Partners, increasing the company’s previously announced Series F financing round to $210 million.

Dust: $40 Million Raised For Multiplayer Enterprise AI Platform

By Amit Chowdhry ● May 18, 2026

Dust, a multiplayer AI platform designed for human-agent collaboration inside enterprises, announced it has raised $40 million in Series B funding. The round was led by Abstract and Sequoia Capital, with participation from Snowflake and Datadog. With this financing, Dust has now raised more than $60 million in total funding.

GetReal Security: Trust And Authenticity Platform Launches With Continuous Identity Verification And Deepfake Detection

By Amit Chowdhry ● May 18, 2026

GetReal Security announced the general availability of continuous identity verification within its flagship platform, GetReal Protect, introducing what the company describes as the first trust and authenticity platform to combine real-time continuous identity verification, impersonation detection, and deepfake detection across voice and video communications.

Sigma: $80 Million Raised At $3 Billion Valuation For AI Apps And Agentic Analytics Platform

By Amit Chowdhry ● May 18, 2026

Sigma, the AI Apps and agentic analytics platform, announced it has raised $80 million in Series E financing at a $3 billion valuation. The funding round was led by Princeville Capital and included participation from Databricks Ventures, ServiceNow Ventures, Workday Ventures, and other investors. Existing investors participating in the round included Altimeter Capital, Avenir Growth Capital, D1 Capital Partners, K5 Global, NewView Capital, Spark Capital, Sutter Hill Ventures, and XN. JP Morgan served as placement agent for the financing.

Transient.AI: Series A Investment From NEXT Investors To Advance AI Innovation In Capital Markets

By Amit Chowdhry ● May 18, 2026

NEXT Investors announced an investment in the Series A financing round of Transient.AI, an AI-native investment management platform designed specifically for institutional trading environments. The financial terms of the funding round were not disclosed.

Gradiant: $2 Billion Valuation Reached With Series E Financing To Expand AI And Industrial Water Infrastructure

By Amit Chowdhry ● May 18, 2026

Gradiant announced the closing of a Series E financing round that values the company at $2 billion. The financing round was led by Safar Partners and Hostplus Superannuation Fund, with participation from ClearVision Ventures and other global investors.

Accrual Partners With Runloop To Power Tax Preparation And Review Agents

By Amit Chowdhry ● May 18, 2026

Accrual has selected Runloop as the production infrastructure provider powering its AI agents across customer deployments. The partnership supports Accrual’s expansion of AI-driven accounting workflows for firms including Armanino, Creative Planning, and H&R Block.

Searchable: $14 Million Raised At $85 Million Valuation For AI Search Performance Platform

By Amit Chowdhry ● May 18, 2026

Searchable, an AI performance marketing platform focused on helping businesses compete in AI-driven search, announced it has raised $14 million in funding led by Headline at an $85 million valuation.

Respan: Interview With Founder & CEO Andy Li About The AI Engineering Platform

By Amit Chowdhry ● May 18, 2026

Respan is a proactive, full-stack AI engineering platform that provides a unified control plane for developers to trace, evaluate, and monitor LLM agent behavior while offering an AI gateway to improve production performance. Pulse 2.0 interviewed Respan founder and CEO Andy Li to learn more.

GovWell: $25 Million Series A Raised For AI Government Operating System

By Amit Chowdhry ● May 18, 2026

GovWell announced it has raised $25 million in Series A funding in a round led by Insight Partners, with participation from existing investors Work-Bench and Bienville Capital. The financing also included investments from GovTech industry leaders David Reeves, former president and CRO of OpenGov, Andreas Huber, founder and CEO of First Due, and Chris Bullock, founder and former CEO of ClearGov.

IBM: New Forward Deployed Units Model Aims To Accelerate Enterprise AI Deployment

By Amit Chowdhry ● May 17, 2026

IBM announced the launch of a new AI delivery model called Forward Deployed Units (FDUs), which the company says is designed to help enterprises move artificial intelligence initiatives from experimentation into large-scale production environments faster and more efficiently.

OpenAI: New Personal Finance Experience In ChatGPT Lets Pro Users Connect Financial Accounts And Get Money Insights

By Amit Chowdhry ● May 17, 2026

OpenAI announced a preview of a new personal finance experience in ChatGPT for Pro users in the U.S., enabling users to securely connect financial accounts, view spending dashboards, and ask questions grounded in their financial data and personal goals.

Meta: Neural Handwriting, Display Recording, Live Captions, Expanded Navigation And Developer Tools Roll Out On Ray-Ban Display

By Amit Chowdhry ● May 17, 2026

Meta Platforms has unveiled a major software update for its Meta Ray-Ban Display smart glasses, marking six months since the launch of what the company describes as its “most advanced AI glasses ever built.” The update introduces a series of new consumer- and developer-focused capabilities as Meta continues to push deeper into wearable computing and AI-powered hardware.

OpenAI Reportedly Acquires Voice-Cloning Startup Weights.gg

By Amit Chowdhry ● May 17, 2026

OpenAI has reportedly acquired AI voice-cloning startup Weights.gg, a company known for tools that allowed users to create and share synthetic voices modeled after celebrities, musicians, fictional characters, and political figures, according to The New York Times. The acquisition included the startup’s intellectual property and a small team of employees, although financial terms were not disclosed.

OpenAI Partners With Malta To Provide Free AI Access For Citizens

By Amit Chowdhry ● May 16, 2026

OpenAI and the Government of Malta announced a partnership to provide ChatGPT Plus access to all Maltese citizens through a new national initiative focused on AI literacy and practical skills development.

Sprouts.ai: $9 Million Pre-Series A Raised To Scale AI Revenue Agents For B2B Enterprises

By Amit Chowdhry ● May 15, 2026

Sprouts.ai announced that it has raised $9 million in a Pre-Series A funding round led by True Global Ventures and Accel, bringing the company’s total funding to $14 million. The company is building AI-native Revenue Agents powered by a proprietary go-to-market data layer designed for B2B enterprises.

Blackbaud Announces New AI Product Innovations To Reinforce Data, Context, And Trust Strategy

By Amit Chowdhry ● May 15, 2026

Blackbaud announced a new wave of AI-powered product innovations designed to strengthen its position in the social impact software market, with the company emphasizing that long-term competitive advantage in AI will come from trusted systems deeply embedded into customer workflows rather than standalone generative AI features.

xAI: Grok Build Launches Early Beta Coding Agent CLI

By Amit Chowdhry ● May 15, 2026

xAI today announced the launch of Grok Build, a new agentic coding CLI designed for professional software engineering, application development, and workflow automation. The product is now available in early beta for SuperGrok Heavy subscribers.

Elephant: €5 Million Raised For AI-Powered Operational Learning Platform

By Amit Chowdhry ● May 15, 2026

Elephant Company announced that it has completed a financing round of more than €5 million to expand its AI-powered learning and knowledge platform for operational teams. The funding round was led by EnBW New Ventures and WEPA, with participation from business angels connected to Flix, home24 SE, SB21, Ventic Ventures, and topi.

WIRobotics: About $68 Million Series B Raised To Advance Humanoid Robotics And Physical AI

By Amit Chowdhry ● May 15, 2026

WIRobotics announced it has secured KRW 95 billion (approximately USD 68 million) in Series B funding as the company accelerates development of its humanoid robotics and Physical AI technologies. The financing comes about two years after the company’s KRW 13 billion Series A round in March 2024 and reflects increasing investor confidence in WIRobotics’ commercialization strategy and next-generation robotics platform.

Multiverse: $70 Million Raised At $2.1 Billion Valuation To Expand AI Upskilling Platform Across Europe

By Amit Chowdhry ● May 15, 2026

Multiverse announced it has raised $70 million in primary funding to accelerate its growth across Europe, reaching a $2.1 billion valuation. The investment round was led by Schroders Capital, with participation from existing investors including General Catalyst, Lightspeed Venture Partners, D1 Capital Partners, Index Ventures, Bond, and StepStone Group.

OpenAI: Codex Expands To Mobile App, Bringing AI Coding Workflows To Phones

By Amit Chowdhry ● May 14, 2026

OpenAI announced that ChatGPT users can now access Codex directly from their phones through a new preview rollout in the ChatGPT mobile app, allowing developers and teams to monitor, guide, and collaborate with AI-powered coding workflows from anywhere.

Cerebras Systems: $5.55 Billion IPO Becomes One Of 2026’s Biggest AI Market Debuts

By Amit Chowdhry ● May 14, 2026

Cerebras Systems, an artificial intelligence chipmaker focused on high-performance AI inference and computing infrastructure, completed one of the most successful public market debuts of 2026 after raising $5.55 billion in its initial public offering.

Anthropic: $200 Million Partnership With Gates Foundation

By Amit Chowdhry ● May 14, 2026

Anthropic announced a $200 million partnership with the Gates Foundation to expand the use of AI across global health, life sciences, education, and economic mobility initiatives over the next four years.